Global 2G and 3G Switch Off Market Size, Status and Forecast 2019-2025 by Valuates Reports
In 2018, the global 2G and 3G Switch Off market size was 1374000 million US$ and it is expected to reach 1945000 million US$ by the end of 2025, with a CAGR of 4.4% during 2019-2025.
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These digital signals consume less battery power, so it helps in saving the battery of mobiles. 3G technology generally refers to the standard of accessibility and speed of mobile devices. It was first used in Japan in the year 2001. The standards of the technology were set by the International Telecommunication Union (ITU). This technology enables use of various services like GPS (Global Positioning System), mobile television and video conferencing. It not only enables them to be used worldwide, but also provides with better bandwidth and increased speed. A 4G system not only provides voice and other 3G services but also provides ultra-broadband network access to mobile devices. Applications vary from IP telephony, HD Mobile Television, video conferencing to gaming services and cloud computing. One of the initial devices to access 4G network was USB wireless modem which was later followed by cellular phone with WiMax and LTE technology. Europe took the largest global revenue share in 2G and 3G Switch Off market, while the Asia Pacific region is expected to be the fastest growing market for 2G and 3G Switch Off services during the forecast period. The fast increasing adoption of smart portable devices such as tablets and smart phones in the corporate and residential sectors across the globe is the major factor driving the 2G and 3G Switch Off services market growth. Business voice services are the driving force within the 2G and 3G Switch Off services market as the move to IP positively impacts cloud, trunking and managed services across all business segments. Larger enterprises in particular continue to actively evaluate cloud unified communications while also migrating to SIP trunking for premises-based deployments. On the residential side, subscribers continue to grow, but revenue has fallen off as 2G and 3G Switch Off services are included in triple-play packages for almost no cost in many parts of the world.
The key players covered in this study
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Market segment by Type, the product can be split into
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
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